Ripple Price Forecast: XRP vs SWIFT, SEC Updates, and More

Ripple vs SWIFT: The War Begins
While most criticisms of XRP do nothing to curb my bullish Ripple price forecast, there is one obstacle that nags at my conscience. Its name is SWIFT.

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is the king of international payments.

It coordinates wire transfers across 11,000 banks in more than 200 countries and territories, meaning that in order for XRP prices to ascend to $10.00, Ripple needs to launch a successful coup. That is, and always has been, an unwritten part of Ripple’s story.

We’ve seen a lot of progress on that score. In the last three years, Ripple wooed more than 100 financial firms onto its.

The post Ripple Price Forecast: XRP vs SWIFT, SEC Updates, and More appeared first on Profit Confidential.

See the rest here:

Ripple Price Forecast: XRP vs SWIFT, SEC Updates, and More

Cryptocurrency News: Looking Past the Bithumb Crypto Hack

Another Crypto Hack Derails Recovery
Since our last report, hackers broke into yet another cryptocurrency exchange. This time the target was Bithumb, a Korean exchange known for high-flying prices and ultra-active traders.

While the hackers made off with approximately $31.5 million in funds, the exchange is working with relevant authorities to return the stolen tokens to their respective owners. In the event that some is still missing, the exchange will cover the losses. (Source: “Bithumb Working With Other Crypto Exchanges to Recover Hacked Funds,”.

The post Cryptocurrency News: Looking Past the Bithumb Crypto Hack appeared first on Profit Confidential.

Continued here:

Cryptocurrency News: Looking Past the Bithumb Crypto Hack

Cryptocurrency News: This Week on Bitfinex, Tether, Coinbase, & More

Cryptocurrency News
On the whole, cryptocurrency prices are down from our previous report on cryptos, with the market slipping on news of an exchange being hacked and a report about Bitcoin manipulation.

However, there have been two bright spots: 1) an official from the U.S. Securities and Exchange Commission (SEC) said that Ethereum is not a security, and 2) Coinbase is expanding its selection of tokens.

Let’s start with the good news.
SEC Says ETH Is Not a Security
Investors have some reason to cheer this week. A high-ranking SEC official told attendees of the Yahoo! All Markets Summit: Crypto that Ethereum and Bitcoin are not.

The post Cryptocurrency News: This Week on Bitfinex, Tether, Coinbase, & More appeared first on Profit Confidential.

Original post:

Cryptocurrency News: This Week on Bitfinex, Tether, Coinbase, & More

Cryptocurrency News: What You Need to Know This Week

Cryptocurrency News
Cryptocurrencies traded sideways since our last report on cryptos. However, I noticed something interesting when playing around with Yahoo! Finance’s cryptocurrency screener: There are profitable pockets in this market.

Incidentally, Yahoo’s screener is far superior to the one on CoinMarketCap, so if you’re looking to compare digital assets, I highly recommend it.

But let’s get back to my epiphany.

In the last month, at one point or another, most crypto assets on our favorites list saw double-digit increases. It’s true that each upswing was followed by a hard crash, but investors who rode the trend would have made a.

The post Cryptocurrency News: What You Need to Know This Week appeared first on Profit Confidential.

Read the rest here:

Cryptocurrency News: What You Need to Know This Week

Cryptocurrency News: XRP Validators, Malta, and Practical Tokens

Cryptocurrency News & Market Summary
Investors finally saw some light at the end of the tunnel last week, with cryptos soaring across the board. No one quite knows what kicked off the rally—as it could have been any of the stories we discuss below—but the net result was positive.

Of course, prices won’t stay on this rocket ride forever. I expect to see a resurgence of volatility in short order, because the market is moving as a single unit. Everything is rising in tandem.

This tells me that investors are simply “buying the dip” rather than identifying which cryptos have enough real-world value to outlive the crash.

So if you want to know when.

The post Cryptocurrency News: XRP Validators, Malta, and Practical Tokens appeared first on Profit Confidential.

More:

Cryptocurrency News: XRP Validators, Malta, and Practical Tokens

Cryptocurrency News: Bitcoin ETFs, Andreessen Horowitz, and Contradictions in Crypto

Cryptocurrency News
This was a bloody week for cryptocurrencies. Everything was covered in red, from Ethereum (ETH) on down to the Basic Attention Token (BAT).

Some investors claim it was inevitable. Others say that price manipulation is to blame.

We think the answers are more complicated than either side has to offer, because our research reveals deep contradictions between the price of cryptos and the underlying development of blockchain projects.

For instance, a leading venture capital (VC) firm launched a $300.0-million crypto investment fund, yet liquidity continues to dry up in crypto markets.

Another example is the U.S. Securities and Exchange Commission’s.

The post Cryptocurrency News: Bitcoin ETFs, Andreessen Horowitz, and Contradictions in Crypto appeared first on Profit Confidential.

Read more:

Cryptocurrency News: Bitcoin ETFs, Andreessen Horowitz, and Contradictions in Crypto

Cryptocurrency News: New Exchanges Could Boost Crypto Liquidity

Cryptocurrency News
Even though the cryptocurrency news was upbeat in recent days, the market tumbled after the U.S. Securities and Exchange Commission (SEC) rejected calls for a Bitcoin (BTC) exchange-traded fund (ETF).

That news came as a blow to investors, many of whom believe the ETF would open the cryptocurrency industry up to pension funds and other institutional investors. This would create a massive tailwind for cryptos, they say.

So it only follows that a rejection of the Bitcoin ETF should send cryptos tumbling, correct? Well, maybe you can follow that logic. To me, it seems like a dramatic overreaction.

I understand that legitimizing cryptos is important. But.

The post Cryptocurrency News: New Exchanges Could Boost Crypto Liquidity appeared first on Profit Confidential.

Read more from the original source:

Cryptocurrency News: New Exchanges Could Boost Crypto Liquidity

Cryptocurrency News: Bitcoin ETF Rejection, AMD Microchip Sales, and Hedge Funds

Cryptocurrency News
Although cryptocurrency prices were heating up last week (Bitcoin, especially), regulators poured cold water on the rally by rejecting calls for a Bitcoin exchange-traded fund (ETF). This is the second time that the proposal fell on deaf ears. (More on that below.)

Crypto mining ran into similar trouble, as you can see from Advanced Micro Devices, Inc.‘s (NASDAQ:AMD) most recent quarterly earnings. However, it wasn’t all bad news. Investors should, for instance, be cheering the fact that hedge funds are ramping up their involvement in cryptocurrency markets.

Without further ado, here are those stories in greater detail.
ETF Rejection.

The post Cryptocurrency News: Bitcoin ETF Rejection, AMD Microchip Sales, and Hedge Funds appeared first on Profit Confidential.

Link:

Cryptocurrency News: Bitcoin ETF Rejection, AMD Microchip Sales, and Hedge Funds

Bitcoin Rise: Is the Recent Bitcoin Price Surge a Sign of Things to Come or Another Misdirection?

What You Need to Know About the Bitcoin Price Rise
It wasn’t that long ago that Bitcoin (BTC) dominated headlines for its massive growth, with many cryptocurrency millionaires being made. The Bitcoin price surged ever upward and many people thought the gravy train would never stop running—until it did.

Prices crashed, investors abandoned the space, and lots of people lost money. Cut to today and we’re seeing another big Bitcoin price surge; is this time any different?

I’m of a mind that investors ought to think twice before jumping back in on Bitcoin.

Bitcoin made waves when it once again crested above $5,000. Considering that it started 2019 around $3,700,.

The post Bitcoin Rise: Is the Recent Bitcoin Price Surge a Sign of Things to Come or Another Misdirection? appeared first on Profit Confidential.

Read more:

Bitcoin Rise: Is the Recent Bitcoin Price Surge a Sign of Things to Come or Another Misdirection?

Cryptocurrency News: Vitalik Buterin Doesn’t Care About Bitcoin ETFs

Cryptocurrency News
While headline numbers look devastating this week, investors might take some solace in knowing that cryptocurrencies found their bottom at roughly $189.8 billion in market cap—that was the low point. Since then, investors put more than $20.0 billion back into the market.

During the rout, Ethereum broke below $300.00 and XRP fell below $0.30, marking yearly lows for both tokens. The same was true down the list of the top 100 biggest cryptos.

Altcoins took the brunt of the hit. BTC Dominance, which reveals how tightly investment is concentrated in Bitcoin, rose from 42.62% to 53.27% in just one month, showing that investors either fled altcoins at higher.

The post Cryptocurrency News: Vitalik Buterin Doesn’t Care About Bitcoin ETFs appeared first on Profit Confidential.

The rest is here:

Cryptocurrency News: Vitalik Buterin Doesn’t Care About Bitcoin ETFs

Seven Ways Cannabis Legalization Will Make the Future Better

Cannabis legalization is picking up steam across the nation. Here are seven ways the future stands to benefit from ending the war on weed.

High Times

In the United States, marijuana used to have a bad reputation.

Now, more than two out of every three people in the United States support legalizing cannabis, and state laws are reflecting that shift in opinion. Medical marijuana is currently legal in 33 states plus Washington, D.C., and in 10 of those states and the nation’s capital, adults over the age of 21 can legally buy marijuana for recreational use.

Government officials are even starting to push for nation-wide cannabis legalization — and not just because they think more people should be getting high.

Legalize It

Here are seven ways experts predict cannabis legalization will lead to a better future:

1. Cannabis is already creating jobs more quickly than any other industry — and the number of new jobs is expected to keep increasing as more places legalize marijuana.

2. Scientists believe legalization could make it easier for them to develop cannabis-based medical treatments. One such medication is already helping children cope with a rare, previously untreatable form of seizure-causing epilepsy, and early studies show the plant’s potential to treat everything from brain aging to psychosis.

3. Legalization gives governments the opportunity to regulate cannabis cultivation, thereby ensuring farmers aren’t allowed to damage the environment while growing their crops.

4. It also decreases the strain on the justice system, freeing up police — and billions of dollars in state money — to fight other criminal activity.

5. Experts are hopeful cannabis could help end the opioid crisis by easing the symptoms of withdrawal.

6. The taxes from cannabis sales could go toward improving any number of societal institutions. Oregon, where recreational marijuana is legal, recently dedicated millions in cannabis taxes to its schools and public health services.

7. By driving down cannabis costs, legalization also drives cartels and black-market dealers out of business — taking violent activity along with them.

More on cannabis: New Senate Bill Would Legalize Marijuana Nationwide

The post Seven Ways Cannabis Legalization Will Make the Future Better appeared first on Futurism.

More here:

Seven Ways Cannabis Legalization Will Make the Future Better

Zapping Elderly People’s Brains Supercharges Their Working Memory

Electrically stimulating the brains of people in their 60s and 70s allowed them to perform as well on working memory tasks as 20-somethings.

Memory Games

Stimulating the brains of elderly people with electrical currents allowed them to perform just as well on a memory test as people in their 20s — a sign that researchers may have found a noninvasive way to turn back the hands of time when it comes to human memory.

“It’s opening up a whole new avenue of potential research and treatment options,” researcher Rob Reinhart said in a press release regarding the study, “and we’re super excited about it.”

All Ages

In a study published in the journal Nature Neuroscience on Monday, researchers from Boston University detail how they asked a group of 20-somethings and a group of people in their 60s and 70s to complete a task designed to test their working memory, which is the part of our short-term memory that we use for reasoning and decision-making.

Working memory typically begins declining around the time we hit 30 years old, so as expected, the people in their 20s outperformed the older group on the memory task.

Remembrall

However, after the members of the older group received 25 minutes of mild stimulation via scalp electrodes, they performed just as well as the younger participants — and the memory boost still hadn’t subsided by the time the experiment ended 50 minutes later.

According to the researchers, the benefits of this noninvasive treatment could extend beyond those whose working memory has started to succumb to age, too. They found that stimulating the brains of the younger people who performed poorly on the task boosted their memories as well.

READ MORE: As Memories Fade, Can We Supercharge Them Back to Life? [Boston University]

More on memory: Can a Brain Zap Really Boost Your Memory?

The post Zapping Elderly People’s Brains Supercharges Their Working Memory appeared first on Futurism.

Here is the original post:

Zapping Elderly People’s Brains Supercharges Their Working Memory

Tesla Says Autopilot Is Statistically Safer Than a Human Driver

A new Tesla safety report reveals an increase in Tesla crashes, but engaging Autopilot cuts the likelihood of a fender bender.

Good News/Bad News

Tesla’s latest quarterly safety data report is a mixed bag of good and bad news.

According to the report, which Tesla released this week, crashes involving the company’s vehicles are on the rise. Not great.

However, when Autopilot is engaged, Teslas are less likely to get into crashes, signaling that human drivers may benefit from an artificial intelligence safety boost. And even with Autopilot switched off, the likelihood of a Tesla getting into a crash is still less than the national average — a sign that Tesla’s efforts to make its cars the safest in the world appear to be paying off.

Crunched Number

In the fourth quarter of 2018, Tesla reported one accident for every 2.91 million miles driven with Autopilot engaged. The first Tesla safety report of 2019 shows that rate increasing slightly, to one accident every 2.87 million miles.

However, both of those figures are better than the statistics for Teslas without Autopilot engaged: one accident for every 1.76 million miles driven in Q4 2018 and one every 1.58 million miles driven in Q1 2019.

Teslas with or without Autopilot engaged also appear substantially safer than the average car, based on the new Tesla data. According to the National Highway Traffic Safety Administration’s most recent data, there’s an auto crash every 436,000 miles driven in the United States.

READ MORE: Tesla releases new Autopilot safety report: more crashes but still fewer than when humans drive [Electrek]

More on Autopilot: Elon Musk: Teslas Should Have “Full Self-Driving” by End of 2019

The post Tesla Says Autopilot Is Statistically Safer Than a Human Driver appeared first on Futurism.

Read the rest here:

Tesla Says Autopilot Is Statistically Safer Than a Human Driver

Chinese Scientists Gene-Hacked Super Smart Human-Monkey Hybrids

Chinese scientists figured out that they could enhance a monkey's intelligence by introducing a single human gene linked to brain development.

Big Brain

For the first time, scientists have used gene-editing techniques to make monkey brains more humanlike.

The monkeys, rhesus macaques, got smarter — they had superior memories to unaltered monkeys, according to recently-published research that’s kicked off a fiery debate among ethicists about how far scientists should be able to take genetic experimentation.

Cognitive Gap

The team of Chinese scientists edited the human version of a gene called MCPH1 into the macaques. The new gene made the monkeys’ brains develop along a more human-like timeline. The gene-hacked monkeys had better reaction times and enhanced short-term memories compared to their unaltered peers, according to China Daily.

But not everyone is on board.

“The use of transgenic monkeys to study human genes linked to brain evolution is a very risky road to take,” University of Colorado geneticist James Sikela told the MIT Technology Review. “It is a classic slippery slope issue and one that we can expect to recur as this type of research is pursued.”

Evolutionary Roadmap

Pinpointing the gene’s role in intelligence could help scientists understand how humans evolved to be so smart, MIT Tech reports.

While altering one gene to enhance memory in some macaques won’t throw Darwinism off-kilter — there’s no risk of a “Planet of the Apes”-style uprising, yet — it could teach us how humanity became so intelligent and gives us hints as to why.

READ MORE: Chinese scientists have put human brain genes in monkeys—and yes, they may be smarter [MIT Technology Review]

More on gene editing: Scientist Who Gene-Hacked Babies “Likely” Boosted Their Brainpower

The post Chinese Scientists Gene-Hacked Super Smart Human-Monkey Hybrids appeared first on Futurism.

Originally posted here:

Chinese Scientists Gene-Hacked Super Smart Human-Monkey Hybrids

Scientists: Next Black Hole Image Will Be Way Clearer

The first-ever black hole image is a blurry orange ring. During the announcement, scientists described how they're working to improve the resolution.

Pale Orange Ring

The image of a black hole shared by scientists on Wednesday represents many things. It’s the first-ever direct observation of a black hole’s event horizon, it’s evidence supporting Einstein’s theory of general relativity — and, if we’re being perfectly honest, it’s just straight-up awesome.

But the picture — a glowing orange ring — is also kind of fuzzy, like an optometrist forgot to calibrate her equipment before photographing someone’s retina. That’s why scientists from the Event Horizon Telescope (EHT), the international network that captured the image, are promising that the next one will be way crisper.

Enhance!

The EHT is a network of radio telescopes around the world. By combining their data, scientists can essentially treat the EHT as though it’s a single planet-sized dish. That lets them spot small, faraway objects like the black hole at the center of the M87 galaxy — but because there’s only a handful of telescopes in the network, the images are inherently fuzzy.

Since the M87 data was collected, a number of telescopes have joined the ranks of the EHT, meaning that any future images will already be sharper, EHT Director Shep Doeleman explained during a livestream on Wednesday. He also mentioned that algorithms could be used to clean up the current image.

The current image was taken with a network of telescopes that could capture a wavelength as small as one millimeter — Doeleman’s goal is to get that down to 0.87 millimeters. That would sharpen future images by 13 percent.

Branching Out

In coming years, the EHT may even grow larger than the Earth.

“World domination isn’t enough — we also want to get into space,” Doeleman said, explaining that he hopes to introduce orbital telescopes into the mix.

Doing so would mean an even higher resolution for future black hole images, and it could help the EHT finally capture Sagittarius A*, the supermassive black hole at the core of the Milky Way.

More on the EHT: Scientists Just Released the First-Ever Image of a Black Hole

The post Scientists: Next Black Hole Image Will Be Way Clearer appeared first on Futurism.

Read this article:

Scientists: Next Black Hole Image Will Be Way Clearer

Amazon Is Fighting South American Govs to Control “.Amazon” Domains

Amazon and a coalition of nations in South America are duking it out over who gets the coveted

Ongoing Battle

The deadline has passed for Amazon and a coalition of eight governments in South America to settle a seven-year dispute over the coveted “.amazon” top-level domain.

Both groups want dibs, and neither Amazon nor the countries through which the iconic river runs have agreed to various compromises, according to BBC News. Above all else, the dispute highlights how Amazon has become powerful that it’s becoming embroiled in geopolitical disputes.

Back And Forth

The eight nations, which together form the Amazon Cooperation Treat Organization (ACTO), blocked Amazon’s attempt to claim the domain outright. In ACTO’s proposed deal, Amazon would be allowed to use relevant sites like “kindle.amazon,” but most addresses would be reserved for member nations.

Amazon essentially proposed the opposite, in which each country would get a modified version of the “.amazon” domain.

Not Budging

The Internet Corporation for Assigned Names and Numbers (ICANN) gave Amazon and ACTO until April 7 to settle the dispute. But Business Insider reports that neither group submitted a deal to ICANN by the deadline, which has now been pushed back to April 21.

In 2018, Amazon tried to garner favor by offering $5 million worth of Kindles and web hosting, which ACTO declined.

“We are not looking for financial compensation,” Ecuadorian ambassador Francisco Carrión wrote to ICANN. “Nor are we after ex-gratia concessions to use one or a few second-level domains.”

READ MORE: The nations of the Amazon want the name back [BBC News]

More on Amazon: Lawmakers Don’t Know How to Regulate Amazon’s Delivery Robots

The post Amazon Is Fighting South American Govs to Control “.Amazon” Domains appeared first on Futurism.

Read more:

Amazon Is Fighting South American Govs to Control “.Amazon” Domains

China Is Trying to Scrub Bikinis and Smoking From the Internet

A new story reveals how Chinese live-streaming company Inke uses a combination of human moderators and AI to facilitate government censorship.

Cleaning Cyberspace

On Monday, the South China Morning Post published a story about the content moderation operations at Inke, one of China’s largest live-streaming companies.

The piece offers a rare glimpse at how China’s private sector helps facilitate government censorship. In some cases, that means flagging streams of people smoking or wearing bikinis — content that would likely seem fairly innocuous to an American audience — but in others, it means preventing internet viewers from seeing streams of people committing acts of terrorism or violence.

That’s the same kind of content multinational corporations such as Facebook have had trouble moderating — raising questions about what these Chinese companies have figured out that American ones haven’t.

Evolving Censorship

Inke tasks a team of 1,200 moderators with policing the streams of its 25 million users, according to SCMP.

The moderators watch streams 10- to 15-seconds before they actually go live, and in that time, they’re expected to catch anything “that is against the law and regulations, against mainstream values, and against the company’s values,” Zhi Heng, Inke’s content safety team leader, told the SCMP.

Inke defers to guidelines published by the China Association of Performing Arts to know what content falls under that umbrella, and according to the SCMP story, it ranges from politically sensitive speech and violence to people smoking or wearing bikinis.

The document is updated weekly, however, meaning content that might be acceptable one week could be censored the next, or vice versa.

To make this massive task of censoring content a little more manageable on its human moderators, Inke also employs algorithms and recognition software capable of filtering content into different risk categories.

The company sometimes dedicates just one human reviewer to watching streams considered “low-risk,” such as cooking shows, according to SCMP, while higher-risk streams receive closer scrutiny.

Learning Opportunity

The idea of censoring streams of people smoking cigarettes or wearing bikinis might seem ridiculous to a Western audience.

However, if Inke’s combination of human and AI moderators is effective at flagging the content deemed objectionable in China, it’s worth considering what it’s doing that others, such as Facebook, aren’t. Are Inke’s algorithms better in some discernible way? Has it stumbled upon the optimum human moderator-to-user ratio?

You might not agree with the content China is censoring, but content moderation isn’t by default objectionable — even Facebook’s own execs believe the company should have prevented the horrific livestream of the Christchurch shooting from reaching its audience, for example.

So perhaps there’s something Facebook and others could learn from how Inke is managing the job of filtering out undesirable online content, even if we don’t agree with China’s definition of undesirable.

READ MORE: No smoking, no tattoos, no bikinis: inside China’s war to ‘clean up’ the internet [South China Morning Post]

More on censorship: China Is Censoring “Genetically Edited Babies” on Social Media

The post China Is Trying to Scrub Bikinis and Smoking From the Internet appeared first on Futurism.

See the article here:

China Is Trying to Scrub Bikinis and Smoking From the Internet

Undersea Robots Are Helping Save the Great Barrier Reef

Australian scientists are preparing to deliver millions of coral larvae to the Great Barrier Reef using an autonomous drone called

RoboStork

A team of Australian scientists built an underwater robot that can deliver larval coral to the Great Barrier reef, where they hope it will help restore the reef to some of its former glory, before it was ravaged by climate change.

The delivery drone, LarvalBot, is a more hospitable version of the underwater drone that has previously been used to hunt and kill off the coral’s predators — yet another experiment in using robotics to protect and help recover the world’s coral reefs.

Fertilizing The Lawn

The scientists behind the project consider their work similar to fertilizing a lawn, according to Particle. Except instead of grass, it’s working on a beautiful and complex underwater ecosystem.

In order to re-seed the coral reef with larvae, scientists first need to gather that seed in the first place. Back in November, the researchers gathered millions of coral sperm and egg cells for what they called at the time “IVF for coral.”

Planning In Advance

LarvalBot made its first delivery back in December. Now the researchers are planning a second expedition to coincide with the reef’s natural mass spawning period, which will happen in October into November.

When that happens, LarvalBot will dive down, dropping millions of larvae that the researchers hope will be able to take root as brand new coral.

READ MORE: ROBOTS TO THE RESCUE OF THE GREAT BARRIER REEF [Particle]

More on the coral reef: To Protect Endangered Coral Reefs, Researchers Need Legal Recourse

The post Undersea Robots Are Helping Save the Great Barrier Reef appeared first on Futurism.

The rest is here:

Undersea Robots Are Helping Save the Great Barrier Reef

Walmart Is Rolling Out Floor-Cleaning Robots in 1,500 Stores

Walmart is sending autonomous custodial robots to 1,500 stores in a play to cut down on the tasks human employees have to face.

Clean Many Robots

Walmart is about to bring worker robots to a third of its stores.

Of the corporation’s 4,600 U.S. locations, 1,500 are about to start using floor-cleaning custodial robots and 300 will use the bots to spot empty shelves, according to The Wall Street Journal. It’s a move that could save human employees a lot of time, but also one that signals that Walmart considers sees human employees and their salaries as circumventable expenses.

Time To Pivot

“With automation, we are able to take away some of the tasks that associates don’t enjoy doing,” Mark Propes, a Walmart operations director, told the WSJ. “At the same time, we continue to open up new jobs in other things in the store.”

Those other jobs are likely related to e-commerce, WSJ reports, as Walmart plans to pivot to more online sales in an attempt to challenge Amazon.

READ MORE: Walmart Is Rolling Out the Robots [The Wall Street Journal]

More on Walmart: Walmart Is About to Deploy Hundreds of Robot Janitors

The post Walmart Is Rolling Out Floor-Cleaning Robots in 1,500 Stores appeared first on Futurism.

See the original post here:

Walmart Is Rolling Out Floor-Cleaning Robots in 1,500 Stores

Scientists Find a New Way to Kickstart Stable Fusion Reactions

A new technique for nuclear fusion can generate plasma without requiring as much space-consuming equipment within a reactor.

Warm Fusion

Scientists from the Princeton Plasma Physics Laboratory say that they’ve found a new way to start up nuclear fusion reactions.

The new technique, described in research published last month in the journal Physics of Plasmas, provides an alternate means for reactors to convert gas into the superhot plasma that gets fusion reactions going with less equipment taking up valuable lab space — another step in the long road to practical fusion power.

Out With The Old

Right in the center of a tokamak, a common type of experimental nuclear fusion reactor, there’s a large central magnet that helps generate plasma. The new technique, called “transient coaxial helical injection,” does away with the magnet but still generates a stable reaction, freeing up the space taken up by the magnet for other equipment.

“The good news from this study,” Max Planck Institute researcher Kenneth Hammond said in a press release, “is that the projections for startup in large-scale devices look promising.”

READ MORE: Ready, set, go: Scientists evaluate novel technique for firing up fusion-reaction fuel [Princeton Plasma Physics Laboratory newsroom via ScienceDaily]

More on nuclear fusion: Scientists Found a New Way to Make Fusion Reactors More Efficient

The post Scientists Find a New Way to Kickstart Stable Fusion Reactions appeared first on Futurism.

Read more:

Scientists Find a New Way to Kickstart Stable Fusion Reactions